| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 May 2024 |
| Time | 10:30 AM |
| Venue(s) | Broadcast Venue at Tricor Business Centre, Gemilang Room Unit 29-01, Level 29, Tower A, Vertical Business Suite Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Malaysia Online Platform via TIIH Online website at https://tiih.online with Remote Participation and Voting facilities Malaysia |
| Outcome of Meeting |
The Board of Directors of APM Automotive Holdings Berhad ("the Company") wishes to announce that all the resolutions as set out in the Notice of Twenty-Seventh Annual General Meeting ("27th AGM") of the Company dated 30 April 2024 were duly passed by the shareholders at the 27th AGM of the Company held on 29 May 2024.
All the resolutions were voted by poll and the results of the poll were validated by Scrutineer Solutions Sdn. Bhd., the independent scrutineer appointed by the Company. Please refer to the attachment for the poll results.
This announcement is dated 29 May 2024. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | To re-elect Dato' Tan Eng Hwa as Director of the Company. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 276 | 35 |
| No. of Shares | 107,834,825 | 74,146 |
| % of Voted Shares | 99.9313 | 0.0687 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | To re-elect Khoo Peng Peng as Director of the Company. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 273 | 36 |
| No. of Shares | 107,484,705 | 379,266 |
| % of Voted Shares | 99.6484 | 0.3516 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | To re-elect Dato' Azmil bin Mohd Zabidi as Director of the Company. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 273 | 37 |
| No. of Shares | 107,483,714 | 400,257 |
| % of Voted Shares | 99.6290 | 0.3710 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | To approve the payment of Directors fees of up to RM885,000 in aggregate to the Non-Executive Directors of the Company during the course of the period from 30 May 2024 until the next Annual General Meeting of the Company. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 253 | 57 |
| No. of Shares | 107,462,959 | 421,012 |
| % of Voted Shares | 99.6098 | 0.3902 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description | To approve payment of Directors' benefits of up to RM230,000 in aggregate to the Non-Executive Directors of the Company during the course of the period from 30 May 2024 until the next Annual General Meeting of the Company. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 250 | 59 |
| No. of Shares | 107,455,123 | 423,848 |
| % of Voted Shares | 99.6071 | 0.3929 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description | To re-appoint KPMG PLT as Auditors of the Company for the financial year ending 31 December 2024 and to authorise the Directors to fix their remuneration. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 278 | 33 |
| No. of Shares | 107,790,824 | 104,346 |
| % of Voted Shares | 99.9033 | 0.0967 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description | Proposed Renewal of Authority for the Company to purchase its own ordinary shares. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 275 | 36 |
| No. of Shares | 107,145,994 | 749,176 |
| % of Voted Shares | 99.3056 | 0.6944 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description | Proposed Shareholders' Mandate for Recurrent Related Party Transactions with Tan Chong Motor Holdings Berhad and its subsidiaries. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 263 | 38 |
| No. of Shares | 7,663,759 | 432,306 |
| % of Voted Shares | 94.6603 | 5.3397 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description | Proposed Shareholders' Mandate for Recurrent Related Party Transactions with Warisan TC Holdings Berhad and its subsidiaries. |
|
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 265 | 36 |
| No. of Shares | 7,671,159 | 424,906 |
| % of Voted Shares | 94.7517 | 5.2483 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description | Proposed Shareholders' Mandate for Recurrent Related Party Transactions with Tan Chong International Limited and its subsidiaries. | |
| Shareholder's Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 266 | 35 |
| No. of Shares | 7,671,909 | 424,156 |
| % of Voted Shares | 94.7610 | 5.2390 |
| Result | Accepted | |
Please refer attachment below.
| Company Name | APM AUTOMOTIVE HOLDINGS BERHAD |
| Stock Name | APM |
| Date Announced | 29 May 2024 |
| Category | General Meeting |
| Reference Number | GMA-17052024-00011 |
| Corporate Action ID | MY240517MEET0011 |
Attachments